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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

04/13/16 at 8:29 AM CDT

 

 

READ: 3

RPLY: 1

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3560,`04/12/16
By Jam ok

 

Re: CSLA Analyst contends Ericson should concentrate on Profit not Growth

Unfortunately it does not sound cheery.  However, I am totally playing this from a contrarian point of view. I plan to continue adding to the NOK position.  We have to remember that even though Wireless revenue is set to decline, NOK is undervalued and as the company restructures and is able to get the synergies right, the stock should march forward towards the $8 to $9 within the next 18 months, IMO.  Then when 5G starts deployments around the 2018 timeframe in the US and Europe revenues for NOK should swell dramatically and its stock should break above the $11 mark.  I may be frustrated with the short term valuation the market is assigning to NOK, but I remain very positive and bullish on the "unlocked value" story here.

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